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FCC Paragon 'Smart Deposit' scheme

sghughes42 · 2010-05-03 13:07:44

SWMBO is looking to rent a small place short-term and we have found her a quite nice looking little house for £480 pcm. However, I am a bit concerned as the LA is asking a £300 'moving in fee' rather than a deposit. Apparently £50 of this goes on a credit check and the rest pays for something called a Smart Deposit…

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Techead53 Posts: 3 Newbie

3 October 2012 at 8:19AM

I am with you on FCC Paragon being a joke. I am also a landlord and I would stay well clear of the Smart Deposit Scheme. Its an unworkable insurance policy that only FCC Paragon make money. I am in dispute with them as a guarantor for my daughter on a student let. the letting agent I also feel is part of the con.

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FCC Paragon 'Smart Deposit' scheme

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